Why Amkor Technology Stock Just Jumped Again

1 min read

The news just keeps getting better and better for Amkor Technology (NASDAQ: AMKR) investors this week. On Monday, Amkor crushed earnings estimates for its fiscal 2020, reporting record sales and earnings that sent its stock up nearly 8%.  

Then yesterday, S&P announced it is adding the stock to its S&P MidCap 400 stock index, an upgrade of sorts, as it’s indicative of a heavier market capitalization for the stock.  

And today? Amkor got a price target hike from Citigroup — and the stock is up another 16.5% as of 12:20 p.m. EST.  

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

Why Criteo Stock Is Going Up Again Today

Next Story

Why Aurora Cannabis, Aphria, Cronos Group, and Other Marijuana Stocks Crashed Today

Latest from Blog